That's right folks, the Commodore 64 is coming back, with updated innards in that classic "are you sure this came from a smoke-free home?" off-white plastic shell. And on the cheap! Think of it as a really cumbersome netbook with no monitor.

The new Commodore 64, which will begin shipping at the end of the month, has been souped-up for the modern age. It comes with 1.8 gigahertz dual processors, an optional Blu-ray player and built-in ethernet and HDMI ports. The new Commodore is priced between $250 to $900.

The company's Web site says that the new Commodore 64 is "a modern functional PC," and that although the guts of the device have greatly improved, the exterior is "as close to the original in design as humanly possible." Most people would not be able to visibly tell the old or new versions apart, it says.

"There are a lot of really young computer users who want to own a retro-looking computer," he said. "And of course there are those 30- to 40-year-olds who owned the original Commodore 64 and want the nostalgia of their first machine."

Obviously I underestimated the 'really brings back memories' niche of the computer buying market. Admittedly, I do like the bright red 'ON' light though. This just might be the computer I need to drug a friend, have them come-to in my basement, then convince them they're on the LOST island and have to enter a code into the Commodore terminal every 108 minutes. Then I'll sneak out the window above the washing machine and live in their apartment free of charge. Plus rename their cats! (my friends all have cats)